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by Dr. Madhav Durbha It is a great time to be a supply chain planning professional. Advances in processing power, networking, and storage aided by the enduring power of Moore’s law have opened doors for some exciting new developments in supply chain planning. Specifically for planners, the advent of real time planning , ability to process massive amounts of data, and the rise of machine intelligence are all opening up newer challenges and opportunities.
The Logistics Trend Behind The Latest Trend. Contributed Article. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supply chain industry. He writes content for many of the world’s largest logistics companies, as well as on his own blog site. Are You Up With The Trends? Drinking matcha tea yet? Wearing wood sunglasses or bamboo hooded baby towels?
As I participate in technology briefings with vendors, I am trying to piece together the future of supply chain management. For me it is not clear. I believe that supply chain leaders are in the middle of step change in process innovation driven by not one, but a confluence of technologies. In each briefing, presenters bandy about the word “digital” like I throw Parmesan cheese on a pizza.
Modern supply chains have access to more information and technology than ever before, creating a new, digital supply chain. However, the digital supply chain has grown increasingly reliant on the use of “smart technologies,” such as those involved in automated data capture, analyses and the Internet of Things (IoT). In addition, these technologies can introduce a new level of visibility and improve overall operations, asserts The Manufacturer magazine.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
LoL. I have to laugh. Not to wax nostalgic here; but it has not been all that long ago that “trade promotion,” as a business process was looked upon as more of a necessary inconvenient evil rather than the mission critical sales and marketing asset it is today (and, frankly, ALWAYS has been!). What’s so funny? Well, for me personally, it is a validation of a life’s work.
There is a general consensus among analysts that businesses organized around industrial age principles need to transform into digital enterprises … Continued. The post Defining the Digital Supply Chain is no Easy Task appeared first on Enterra Solutions.
There is a general consensus among analysts that businesses organized around industrial age principles need to transform into digital enterprises … Continued. The post Defining the Digital Supply Chain is no Easy Task appeared first on Enterra Solutions.
by Bill DuBois Recently I was watching a video interview with David Thomas, the Director of Global Capacity Planning for Ford Motor Company. Among other things, he’s been leading the charge at Ford to deliver a global capacity management solution. He describes the process as a jigsaw puzzle. The challenge with getting a global view as he puts it, is if the pieces “don’t fit together, you don’t see the right picture.”.
Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S. based companies have a supplier sustainability scorecard that they may use in their purchasing decisions, and another 23% are developing one.
Timeless: not affected by the passage of time or changes in fashion. Last week I was on vacation in the Caribbean. I moved on island time. It is a slower, more relaxed pace. In the process, I thought a lot about the concept of time and how it affects our daily lives. Supply chains are anything but timeless. At a company, individuals define supply chain excellence based upon their own purview of time.
Across a wide number of industries, the way companies interact with customers has changed dramatically. There is no shortage of claims that we have now entered the age of the customer. A golden age, where customer desires dictate the actions of companies. Through the hype, there is a lot of truth to these pronouncements. Companies are now, more than ever, responsive to the needs of customers.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.
To say cross-border e-commerce is taking off like a rocket would be an understatement. With a growth rate of about 25% per annum and a market size expected to reach $1 trillion by 2020, the opportunities are tremendous. We asked DHL eCommerce CEO Charles Brewer to share some insights into the booming trend of cross-border e-commerce. With over 32 years of industry experience, covering multiple global regions and disciplines across Europe, Asia Pacific, the Americas and Africa, Charles is a prove
by Alexa Cheater Supply chain rigidity could be costing you billions. Getting the right product to the right people at the right time – that’s at the heart of what demand and supply planning is all about. But as anyone who works in supply chain knows, it’s a lot easier said than done. Forecasts are wrong more often than they’re right, and shifting consumer priorities means your supply chain has to be able to react to change and shift directions in seconds.
What is the #1 technology topic Descartes CEO Ed Ryan gets asked about? Drones and its future in supply chain and logistics processes. Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall.
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
Putting the Consumer at the center of the supply chain universe In a previous post, Rise of Supply Chain Control. The post Building a Better Supply Chain Control Tower appeared first on The Network Effect.
The United States aerospace manufacturing industry is a highly competitive one. This is thanks in part to our unraveled supply chain, linking subsections like maintenance and repair with metalworking and avionics. These factors make aerospace manufacturing companies highly valued partners, even internationally. Although the aerospace industry employs countless hundreds of thousands of workers, robots are still necessary to complete many tasks.
One of my tenants for good parenting is to understand that your child is likely moving at a much faster pace of emotion and intelligence than you did; and the continual challenge is to be out front of the issues and trends at least enough to be prepared to guide, counsel and nurture them as they move through each stage of life. We played with cap guns and toy soldiers – kids now play with HALO and wield Link’s sword in an all-to-realistic fantasy world of “Legend of Zelda.
I recently discovered an interesting overview, Supply Chain Perspectives and Issues: A Literature Review by Park, Nayyar & Low (2013), which has been published by the World Trade Organization. It explicitly distinguishes between the economic and business perspectives on supply chains. Indeed, many supply chain phenomena take place somewhere between these two worlds, as the “supply chain” system is broader than the “organization” system and also different from the R
In 2025, the Supply Chain continues its evolution toward “Logistics 4.0,” inspired by Industry 4.0. Two major characteristics define this transformation: automation, driven by robotic solutions, and prediction, paving the way for an era of planning and simulation powered by Artificial Intelligence (AI).
by Bill DuBois There have been some pretty significant revolutions throughout history. The French Revolution, the Industrial Revolution and the Chinese cultural revolution – just to name a few. Well, today I’m going to talk about the need for another revolution. A supply chain planning systems revolution. Will it be the stuff that future historians drool over or universities base curriculums on?
I conducted my first research study on transportation management systems (TMS) back in March of 1999. Although TMS solutions had already been around for some time, the emergence of the Internet and the dotcom era opened a new and exciting chapter in the market. Many startups were launched at the time, but many of them ultimately failed or were acquired by larger competitors.
In this post I’ll examine some of the top trends and challenges that are impacting the pharmaceutical industry. In a. The post 6 Trends Shaking the Pharmaceutical Market appeared first on The Network Effect.
Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Unfortunately, the information is not always clear, and figuring out if the investment into a TMS is worth it can be even more frustrating.
Speaker: Chris Townsend, VP of Product Marketing, Wellspring
Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?
I grew up in a time when people didn’t think that often about one’s impact on nature. When the first Earth Day took place in the US in 1970, it was a very small event compared with the world-wide phenomenon it has become today. A common definition of being Green is “the quality of not being harmful to the environment or depleting natural resources,” and thereby supporting long-term ecological balance.
“The hype surrounding Blockchain — also known as Distributed Ledger Technology — is in overdrive,” writes Andrew Sohn (@Molsonix). “Many … Continued. The post The Blockchain/Supply Chain Future appeared first on Enterra Solutions.
by Bill DuBois Much has changed in the world of supply chain since we published our last batch of supply chain jokes. Supply chain disruptions continue to be the norm. Cognitive computing, IoT and big data are changing the technology landscape. Shifting demographics and supply chain talent questions leave many of us in the field scratching our heads.
When we talk about supply chain and logistics, we often focus on new and emerging business processes and technology — and those are certainly important and critical things for success — but at the end of the day, anyone who has been in this industry for a while recognizes that supply chain management is a relationship business, and relationships are critical for the success of any company.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
An interesting article by Greg Brady in Supply and Demand Chain Executive delves into the true costs of ERP. This. The post The True Cost of ERP appeared first on The Network Effect.
The high-revolution has given emerging markets the opportunity to become fully developed, increasing the number of consumers and manufacturers. For existing businesses and shippers, this means more competition and demand for lower costs. Meanwhile, the increasing number of regulations and requirements on shippers has created a paradox between saving money and still meeting all requirements.
Unless you happen to be one of the nearly 6 million people employed in the Wholesale Distribution Industry the impact and value of wholesale distribution goes mostly unnoticed by the average consumer. The fact is, the Wholesale Distribution Industry accounts for more than $5.5 trillion in global trade. In the United States alone, wholesale/distributor sales equal approximately $3.2 trillion , which also accounts for roughly 7% of private industry GDP since 1987.
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